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A new wave of the reasons behind the wear and snell spead deployment of broadband internet across Nigeria has been adduced by Kazeem Olawale Oladepo, general counsel to an indigenous broadband group, MainOne Cable Company.
Answering question on why upon the landing of several submarine cables from abroad, not much has been recorded in penetration of services, he said “the best way to appraise this is to take a demand and supply side approach to understanding the constraint with internet penetration and pervasiveness”.  

Stories by STAN OKENWA

LG Electronics has opened new brand store along the popular Trans Amadi Industrial Layout.
The new LG Brand Showroom is designed to serve as an all-purpose neighborhood electronics store. Distinctly designed, the showroom has shelves overflowing with home appliances of various sizes: microwave ovens and vacuum cleaners. Larger appliances like washers, freezers, cookers and refrigerators. There are selections of Hi-Fi systems, phones, laptops and computer peripherals. Also, there is a large section with different TVs- LG Ultra High Definition TVs, Smart TV, OLED TVs as well as LED TVs. The store draws a steady local clientele all year round.

Kropmann Communications,.Nigeria’s indigenous ICT Professional services provider has declared its readiness to deliver world class geospatial technology solutions to the Nigerian market specifically with the public utility sector in mind.
Chief executive officer of the company, Kim Fraser made this known in a media interactive session recently in Lagos while answering questions from journalists pertaining to the application of geospatial technology in Nigeria.
Fraser said that Kropmann took a special interest in the geospatial technology arena because they saw lots of benefits of the technology, especially as it relates to the enhancement of the public utilities in Nigeria.

Stories by STAN OKENWA

Leading global IT research group, EMC Corporation has revealed that over 90 percent of business leaders in Nigeria have identified information technology as a strategic lever for business growth.
The survey of 528 business and technology decision makers across Nigeria’s private and public sectors revealed that more than 80 percent of respondents agree that their organisations recognise the increasing role of automation, such as software defined storage, as critical to business growth.

Chinese information technology giant, Huawei Technologies has launched an Octa-core smartphone with single-touch fingerprint technology called Ascend Mate7 in Lagos, saying the product is designed to define the future of smartphone intelligence.
In his opening remarks, Country Manager of the group, Mr. Yang Fufu said Ascend Mate7 is the product of strategic research and development division of Huawei to make life better and smarter for users.

A new international study commissioned by leading ICT solutions provider, SAP Group has uncovered various trends in banking, most notably a large disconnect between regulators’ expectations and the ability of banks to meet compliance and reporting requirements. However, many banks have plans to increase their budget for IT to invest in the necessary banking solutions to meet these changing requirements.

Nigeria Information Technology Reporters’ Association (NITRA), the national umbrella body for technology writers has called on State governments in Nigeria to increase the use of Information and Communication Technology (ICT) to fast-track their socio-economic development agenda.
In a statement signed by NITRA president Mr. Emma Okonji, NITRA said deliberate use of ICT to automate processes in government and support every aspect of the states’ economy has become imperative if the country’s Vision to be one of the 20 most industrialised economies in 2020 is to be attained.

LG Electronics group has unveiled an engaging catch-all term for the suite of new products showcased in Berlin at the just concluded IFA 2014.
Speaking at IFA Wayne Park, executive vice president and Global Sales and Marketing Officer at LG Electronics said. “What consumers really desire is to live a better life without giving up the technology that more often than not makes our lives more complex”.

At a time e-Commerce organizations across retail and other consumer services are expanding in scope both in Nigeria and abroad, indication has emerged that e-criminals have modeled another smart scam to defraud ATM card users.
The new fraudulent scheme tagged “Card-not-Present” (CNP) is now a source of concern for not only card users but financial regulator; institutions; and law enforcement agencies.

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